The acquisition will potentially bolster Teradata’s open source analytics services and expand its consulting capabilities in providing agile implementation solutions for big data analytics. It also plans to integrate Big Data Partnership into its Think Big professional services division, which itself became a part of the company to boost consulting capability through an acquisition that happened in September, 2014.
According to the company, Big Data Partnership has expertise in disruptive technologies, including Apache Hadoop and its integration will accelerate Think Big’s “expansion of open source consulting services internationally” while generating new business in key European markets including its native UK, France, Germany and the Nordics, Switzerland and China. It could also aid Think Big fight the likes of Cloudera and Hortonworks.
Rick Farnell, Senior Vice President, Think Big, a Teradata Company, said:
“Big Data Partnership brings exciting new capabilities and broadens our analytic services portfolio, enhancing Think Big’s expertise and giving our customers more choices and outcomes tailored to their goals and valuable knowledge transfer. We continue to strengthen our world-class solutions business to help our customers design, build and run analytics, and the Big Data Partnership consultancy fits well with Teradata’s increasingly strong global analytics practice. As a result, we see fast-growing opportunities in the services market, where hybrid platforms and integration of on-premises and cloud capabilities evolve seamlessly. We help our clients think big, start smart and scale fast.”
Big Data Partnership was founded in 2012 to capitalize on the rising European demand for Hadoop and has since participated in 2 rounds of funding. In total, Big Data Partnership has raised $6.7 million while its last round of funding was on May 06, 2015 for a total of $4.7 million by Beringea LLC.
